A few years ago, someone coined the term: BRICs. This was an acronym for the countries of Brazil, Russia, India, and China.
October 15th, 2009 | Chuck Butler | 5 comments | ContinuedAll Posts Tagged With: "deleveraging"
AUD Price of Gold a Measure of Gold’s Strength Against Other Currencies
Ah. So for gold to move in Aussie dollar terms there has to be more than just a big bear market in the USD. Demand for gold has to rise globally.
October 9th, 2009 | Dan Denning | 2 comments | Continued
The New Normal: Where the Government Plays a Significant Role in Controlling the Economy
In the “old normal” view – preached by politicians left and right and amplified by a compliant media and a smarting financial industry – you should go back to doing what you were doing before. Have a short memory. Buy stocks automatically because they always go up. Get a mortgage and buy a house, perhaps even a second one. Spend money. The government will make more.
September 4th, 2009 | Dan Denning | 17 comments | Continued
Bernanke’s Stunning Plan
“This is a very powerful and aggressive move,” said the chief economist at Bank of New York Mellon Corp., speaking with Bloomberg Television. “One of the reasons I’ve been arguing we won’t have a depression is we’ve got a Fed chairman who understands the problem and is going to come with the right diagnosis and the right medicine.”
March 23rd, 2009 | Bill Bonner | 0 comments | Continued
Deleveraging Will Give Us a Bout of ’30s-Style Deflation
Deleveraging will (and is) giving us a bout of ’30s-style deflation. But, yes, the feds are coming to the rescue – like an exterminating angel…
December 22nd, 2008 | Bill Bonner | 0 comments | Continued